After Bajaj’s Chetak electric scooter, TVS iQube has also been exempted from road tax and registration fees in certain states. This means that customers can now buy the TVS iQube ST 5.1 without paying these additional charges, making it a more affordable option.
Where Does This Apply?
This exemption is currently applicable in Tamil Nadu and Karnataka, where customers can buy electric two-wheelers without paying RTO charges and registration fees. In Uttar Pradesh, hybrid electric vehicles have been exempted from 100% road tax.
TVS iQube Specifications
The TVS iQube comes with a 3.3 kW BLDC electric motor that generates a maximum power of 4.4 kW. The scooter has a powerful battery that can travel up to 200 km on a single charge and reach a top speed of 90 km/h. It also features several advanced features that make it a premium electric scooter.
Subsidy and Discount
If you’re planning to buy the TVS iQube, you can avail a subsidy of around ₹45,000 to ₹50,000 if you purchase it before July 31st. This brings the price of the scooter down to around ₹1.85 lakh.
What Does This Mean for Customers?
This exemption and subsidy are a big win for customers who are looking to switch to electric vehicles. With the rising concerns about climate change and air pollution, electric vehicles are becoming an increasingly popular option. This move by the government is likely to encourage more people to opt for eco-friendly transportation.
The exemption from road tax and registration fees is a welcome move by the government to promote the adoption of electric vehicles. With the cost of electric vehicles still being higher than their petrol-powered counterparts, this exemption will make them more affordable and accessible to a wider audience.
The TVS iQube is a premium electric scooter that has been well-received in the market. With its advanced features and powerful battery, it’s an attractive option for those looking to switch to electric vehicles.
